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NSDL joins hands with Thomson Reuters to offer joint solution for GST

NSDL joins hands with Thomson Reuters to offer joint solution for GST

Synopsis

Under the tie-up value added services will also be offered including validation services, for Micro, Small and Medium Enterprises segment.

MUMBAI: NSDL e-governance and Thomson Reuters will offer an integrated Goods and Services Tax (GST) proposition for large and mid-sized corporations in India. This solution will enable seamless calculation and filing of returns under the new tax regime.

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Under the tie-up value added services will also be offered including validation services, for Micro, Small and Medium Enterprises segment.

The proposition aims to offer tax validation, tax determination and tax compliance services


The integrated proposition for large and mid-sized corporations would address two key areas for corporations under the GST regime, namely efficient and accurate calculation of taxes across multiple platforms and the associated filings, returns and reconciliation mechanisms.


Thomson Reuters offering will be an added service on NSDL e-Gov's existing GST Suvidha Provider portal. NSDL e-Gov platform is currently being updated as per the guidelines set by the GST. NSDL e-Gov is one amongst the 34 companies shortlisted by the Goods and Services Network (GSTN) for providing the GST interface in the first phase, which starts from December 2016.
( Originally published on Jun 16, 2017 )

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